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AI Won't Cause Unemployment

pmarca.substack.com

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Re: AI Won't Cause Unemployment

#11

Post by bfdm »

You could also argue that the "red" categories align more closely with "needs" people have little to no choice but to pay, and are ripe for predatory pricing.

It's true there are monopoly problems here, but the answer isn't to remove regulation it's to strengthen it. A return to real anti-trust in particular.

The blue items lean more towards luxury items and discretionary spending, so pricing can't be so exploitative.

Re: AI Won't Cause Unemployment

#12

Post by phillipcarter »

idopmstuff wrote: post #8

I can't help but think Andreesen's gone off the deep end a bit, especially after he started gushing over Adam Neumann's second run at a real estate company (“We think it is natural that for his first venture since WeWork, Adam returns to the theme of connecting people through transforming their physical spaces and building communities where people spend the most time: their homes.”). > AI is simply already illegal ac…

Yeah, his whole post is thinly veiled anti-regulations blather. I suppose it’s a nice break from his web3 nonsense and his deranged anti-“woke” posting.

Re: AI Won't Cause Unemployment

#14

Post by paulpauper »

Mistletoe wrote: post #4

> We had two such anti-technology jobs moral panics in the last 20 years — “outsourcing” enabled by the Internet in the 2000’s, and “robots” in the 2010’s. The result was the best national and global economy in human history in pre-COVID 2019, with the most jobs at the highest wages ever. How much of this economy and growth was real and how much was free money from the FED? We’ve still got all that same stuff now, bu…

People overestimate the potency of monetary policy. Japan's central banks had its foot to the pedal for 2 decades and only recently have things gotten better. 0% interest rates is not an elixir for growth. It's not that easy or simple. Same for other countries which had 'easy money' polices but far less success compared to the US, no Facebook or Aamzons coming out of the UK or Germany.

Re: AI Won't Cause Unemployment

#15

Post by epgui »

Uhh… from the point of view of someone that has spent 12 years in academia (post-secondary education, in Canada) essentially studying health sciences and healthcare, the premise of this article is delusional— completely disconnected from reality.

The conclusion may be correct, I don’t know… But if it’s correct, it’s only accidentally so. Garbage reasoning.

Re: AI Won't Cause Unemployment

#16

Post by LeroyRaz »

I think there is real difference between a) devaluing someone's work, and b) and voiding work of value. What makes AI different from previous technological innovations is that it seems to have the potential to make peoples labor worthless, rather than merely devalued. To give examples, if your writing is worse than ChatGPTs then your writing is worthless. If your art is worse than stable diffusion then your art is worthless, and if it takes more money to feed, clothe, and train you for construction than it does to run the Atlas robot then your physical labor is worthless too.

I do not think our current social policies are ready for that.

Re: AI Won't Cause Unemployment

#17

Post by xen2xen1 »

IdiocyInAction wrote: post #5

I partially agree on that - for example, I find it hard to believe the LLMs will make many lawyers or doctors redundant - not necessarily because of a lack of capabilities, but due to regulatory burdens.

I've worked with software for lawyers, and I remember thinking if it was done right, it would not make lawyers redundant, it would make paralegals redundant. Still seems to be the case.

Re: AI Won't Cause Unemployment

#19

Post by 93po »

NikolaNovak wrote: post #3

Wow. I was hoping to read some interesting thoughts about AI overpanic, and instead got exposed to communist overpanic :-O

Yeah, it's super annoying to see phrases like "Soviet style price setting" when we see this same shit happening in literally every capitalist country

Re: AI Won't Cause Unemployment

#20

Post by BWStearns »

idopmstuff wrote: post #8

I can't help but think Andreesen's gone off the deep end a bit, especially after he started gushing over Adam Neumann's second run at a real estate company (“We think it is natural that for his first venture since WeWork, Adam returns to the theme of connecting people through transforming their physical spaces and building communities where people spend the most time: their homes.”). > AI is simply already illegal ac…

Something snapped in him when crypto shit the bed. His new obsession with AI is him working some stuff out.
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